One of Heathcote Investment Partners’ key people is moving on.

Kiwibank’s profit has tumbled more than 50%, largely due to an impairment charge relating to an IT project that may fail to keep up with the pace of customer behaviour change.

Private equity company Direct Capital takes a stake in Complectus, which owns Perpetual Guardian and other trustee firms.

Private wealth advisory firm Hobson Wealth Partners has made a trio of senior appointments across the business.

There were some surprises in the Fund Source Fund Manager of the year awards which where handed out in Auckland last night.

Avanti Finance subsidiary GetCapital has diversified its range with two new funding products for working capital and equipment purchase which are aimed at SMEs.

The Reserve Bank’s LVRs are not expected to be a permanent measure but they are not going to be removed in the near future, outgoing Governor Graeme Wheeler said in a speech today.

New research from Inland Revenue shows many KiwiSaver members don't understand how the tax credit works, or what it is.

Advisers can count on getting help from the New Zealand Financial Services Group (NZFSG) to deal with the new regulations proposed in the Financial Services Legislation Amendment Bill.

AIA is offering its cancer treatment benefit as an optional addition to more of its policies.

Trade Me says it hasn’t given up on LifeDirect, despite a big fall in revenue.

The Commerce Commission has filed civil proceedings against Harmoney at the High Court, claiming peer-to-peer lender Harmoney's platform fees broke the law and borrowers deserve compensation.